IC22 Mock Test Sample 1
These questions cover key concepts from IC22 (Life Insurance Underwriting). The middle ear connects to the inner ear via the oval window. Type 1 diabetes is called juvenile-onset as it occurs in children and young adults. Hypothyroidism shows symptoms like cold intolerance, weight gain, muscle pain, and menstrual issues. Guaranteed insurability riders allow future benefit purchase. Macrocytic anemia is mainly due to Vitamin B12/folate deficiency. Full claim under diminishing lien applies in accidental death. CXR is required for higher sum assured (around ₹50 lakhs). Blood cells are not produced in the renal cortex. Stress tests assess heart capacity. Underwriting evaluates and classifies risk.
1. The border between the middle ear and the inner ear is formed by_____
a) Oval window
b) Ear drum
c) Incus
d) Pinnae
e) Round window
2. Choose a reason why Type 1 diabetes is also known as juvenile-onset diabetes?
a) As it is found in children only
b) As it is found in young adults only
c) As it is found in children and young adults both
d) As it is due to heredity
e) As it is found due to poor lifestyle
3. Which one is the symptom of hypothyroidism?
a) Intolerance to cold
b) Weight gain
c) Muscle pain
d) Irregular menstrual periods
e) All the above
4. Which of the following riders give policyholder an option to purchase additional benefits at certain times in future?
a) Waiver premium riders
b) Guaranteed insurability riders
c) Accidental death benefit riders
d) Total permanent disability riders
e) Critical illness riders
5. Common causes of macrocytic anaemia
a) Thalassaemia
b) Chronic disease bone marrow disorders
c) Liver disease
d) Vitamin B12 & Folic acid deficiency
e) Alcoholism
6. Under diminishing lien method, in which condition no lien is applied and full claim is paid?
a) If death happens due to accident
b) If death happens during surgery
c) If death happens due to suicide attempt
d) If death happens due to infection
e) If death happens during treatment
7. CXR medical test is required for cases over
a) 10 lakhs
b) 20 lakhs
c) 30 lakhs
d) 40 lakhs
e) 50 lakhs
8. Blood cells are produced in all of the following except
a) Lymphatic tissue
b) Bone marrow
c) Hemopoietic tissue
d) Renal cortex
e) None
9. Most common permanent treatment of hyperthyroidism
a) Medication
b) Surgery
c) Radioactive iodine therapy
d) Change in lifestyle
e) Chemotherapy
10. Under which test applicant exercises on treadmill to assess heart function?
a) ECG
b) Cardiac CT
c) Nuclear cardiology
d) Stress test
e) Coronary angiography
11. Asthma patient living at high altitude falls under which risk?
a) Avocation risk
b) Residential risk
c) Occupational risk
d) Moral hazard risk
e) None of the above
12. Factors on which retention limits are fixed are
a) Excess of loss, surplus
b) Surplus and risk appetite
c) Excess of loss, size of company
d) Risk appetite, quota share
e) Quota share, surplus
13. Premium waiver in child plan with riders applies when
a) Death of proposer
b) Permanent disablement preventing employment
c) Total disability of life insured
d) Only (a) & (c)
e) All (a), (b) & (c)
14. Type of reinsurance where case is sent to multiple reinsurers for quotes
a) Treaty
b) Facultative
c) Catastrophe
d) Retention limits
e) Prudent
15. Light passes through which part before reaching retina?
a) Pupil
b) Lens
c) Cornea
d) All the above
e) Only (a) & (b)
16. Which of the following is NOT a digestive system disease?
a) Diabetes Mellitus
b) Diarrhea
c) Constipation
d) Hepatitis
e) None
17. Outpouching of artery wall in brain causing hemorrhage is called
a) Arteriovenous malformation
b) Multiple sclerosis
c) Cavernous malformation
d) Brain aneurysm
e) None
18. Risk assessment in underwriting starts with assessment of
a) Physical build
b) Personal factors
c) Environmental factors
d) Hereditary factors
e) All the above
19. Life insurance underwriting mainly concerns
a) Pricing and standardizing risk
b) Pricing and rating risk
c) Evaluating and pricing risk
d) Pricing and minimizing risk
e) Evaluating and classifying risk
20. Beneficiaries under Married Women’s Property Act can be
a) Only wife
b) Only natural children
c) Both natural and adopted children
d) Both wife and children jointly
e) All the above
